Biggest Pound Bull Holds Nerve After Week of Market Turmoil

  • Swissquote Bank sticking with year-end forecast of $1.62
  • Pound posts weekly drop versus dollar amid global volatility

Swissquote Bank SA, which has the most optimistic outlook for the pound against the dollar, has no plans to adjust its bullish forecast, despite a week of surging volatility in global financial markets.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.